关于IPO allocation的研究是最近几年IPO领域的一个前沿,这三篇文章分别运用了欧洲两个顶尖投行的内部数据,对用于解释IPO underpricing的bookbuilding theory(dynamic information acquisition)进行了开辟性的实证研究。
Cornelli, F., and D. Goldreich, 2001, Bookbuilding and Strategic Allocation
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Cornelli, F., and D. Goldreich, 2003, Bookbuilding: How Informative is the Order Book?
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Jenkinson, T.J., and H. Jones, 2004, Bids and Allocations in European IPO Bookbuilding
215949.pdf
(167.19 KB, 需要: 10 个论坛币)


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